Legal Articles

TIME IS THE ESSENCE OF CONTRACTS

a term where one party to a contract needs to carry out his obligation in a set period of time so the other party can carry out their obligations of the contract.

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TITLE QUIET

used to describe a suit in a court of equity that will settle all claims of rightful ownership.

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TRUST NAKED

a trust where the only action of the trustee is to hand over money and property to the beneficiaries.

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TORT WILLFUL

the term that applies to a wrong that was committed intentionally.

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TOWING SERVICE

the service used to bring a boat to port who cannot get there under its own power or aid a vessel in reaching port sooner.

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TAX EXEMPT

a term that is applied to income that is not taxable.

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TRANSEXUAL

a person who chnages his sex with an operation.

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THIRD PARTY LIABILITY

the responsibility of a third person and not the original defendant or plaintiff.

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TURPITUDE MORAL

This phrase is used to describe the violation of decent, moral and honest behaviour and an act of depravity or vileness.

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TITLE OF DECLARATION

the preliminary clause that states the name of the court and the date when a matter will be heard and tried.

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TRUSTEE CONVENTIONAL

This name applies to the person who is appointed by a court to be the trustee.

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TAX-FREE

See tax exempt.

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THIRD PERSON

the term that si given to a bystander, a disinterested party and one not involved in a law suit.

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TACIT LAW

the term that is given to a law that is accepted by the consent of the people rather than a government body.

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TO ASSUME AND PAY AND SAVE HARMLESS

This phrase is used when transferring property where the new owner agrees to assume to mortgage and secure the former owner against loss.

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TENANT FOR LIFE

the name that is given to a tenant who holds a building or land for life as long as he honours the lease provisions.

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TRUST SPECIAL

a trust where the trustee is obligated to carry out certain actions of the trust creator.

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TORT PERSONAL

This describes a personal wrong to a person such as an assault or the wrong resulting in damage to the person’s feelings.

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TWO-PARTY CONSENT

when all parties will consent to a wiretap that is needed in some states for it be lawful.

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TIMELY NOTICE

the time that is given for a person to make alternate provisions for something.

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